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4123 Ocean View Blvd
Montrose, CA 91020 La Crescenta-Montrose

$1,875,000 USD

Apartments For Sale • 3,932 SF

Property Details

Property Type Apartments
Total Building Size 3,998 SF
Lot Size 0.13 AC
Building Class C
Year Built 1948

0 Transit Score

81 Walk Score

                
                    Highlights
                
                                Rare Six-Unit Montrose Offering with ~ 30-Year Ownership Montrose multifamily trades infrequently due to long-term ownership and limited supply.
                            
                                Approximately 20% In-Place Rent Upside Current rents are estimated to be about 20% below market, offering clear organic income growth.
                            
                                Uniform 1BR / 1BA Unit Mix Averaging ~665 SF Consistent layouts support efficient operations and strong renter demand.
                            
                                One Garage Per Unit Including a Private Attached Garage-Six total garages, including a private garage connected to the front unit. 
                            
                                Recently Completed Electrical Upgrade (January 2026) Insurance-driven electrical upgrades were completed, reducing near-term capital. 
                            
                                High Barrier-to-Entry Crescenta Valley Submarket Physical constraints and limited development reinforce long-term housing scarcity.

Amenities

Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	9.0 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	9.3 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	11.4 mi
Los Angeles International	42 min	-	31.0 mi
Long Beach (Daugherty Field)	47 min	-	34.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	AttachedGarage
Included in Rent:	Yes

Morgan Wetmore 949-233-0604 Marcus & Millichap

4123 Ocean View Blvd Montrose, CA 91020 La Crescenta-Montrose